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Brane Strengthens Technology Leadership Team with New Chief Technology Officer and Senior Vice President, Client Solutions

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Ottawa, Ontario–(Newsfile Corp. – September 22, 2021) – Brane Inc. (“Brane”), a leading independent cryptocurrency custody service provider, announced today that it has recruited two highly accomplished technology executives to its leadership team: Feras Aslan as Chief Technology Officer, and Matt Pierce as Senior Vice President, Client Solutions.

Aslan and Pierce, together with Brane’s Vice President, Product, Christian Desjardins, will build on Brane’s success in developing, implementing, and customizing digital asset custody technology for regulated financial institutions – securing the world’s transition to blockchain.

Aslan joins Brane from global financial services firm Morningstar, where he most recently served as Chief Technology Officer, Americas Ex-US, responsible for leading the company’s Canada and LATAM technology teams. Prior to joining Morningstar, Aslan acquired extensive experience in the Canadian financial sector in senior technology roles at DBRS, Scotiabank, and RBC. He holds a graduate degree in Information Management from IAU with a diploma in Computer Engineering from Seneca College, and a master’s certificate in project management from The George Washington University School of Business.

As Chief Technology Officer, Aslan will drive Brane’s continued leadership in developing blockchain-native, compliance-focused, and highly flexible crypto custody technology.

Pierce brings over 20 years of international experience leading multidisciplinary teams in the design and launch of innovative solutions and new ventures in information technology and business services. A graduate of Duke University’s Master of Business Administration program, his previous roles include Senior Vice President, Enterprise Solution Sales & Marketing at NEC Corporation of America, Vice President of Technology Solutions at MD Financial Management, and Chief Advisor, Business Solutions Delivery at Export Development Canada.

In his new role at Brane, Pierce will lead all phases of project scoping, delivery, and implementation of Brane’s custody solutions for a growing roster of financial services clients.

“A growing number of Canadian, U.S., and global financial institutions are looking to Brane as the independent, reliable, and trusted partner for their crypto custody and related technology solutions,” said Jerome Dwight, Brane’s President and the former CEO of Bank of New York Mellon’s Canadian operations. “Adding further bench strength to Brane’s outstanding team, Feras and Matt will play key roles in successfully executing on these opportunities and positioning Brane’s innovative, highly secure custody technology for global growth.”

“As mainstream adoption of cryptocurrencies continues to accelerate, financial institutions of every size face growing pressure to provide their clients with crypto services. Brane is perfectly positioned to partner with banks, asset managers, and investment dealers as a trusted custody technology provider,” said Aslan. “I’m thrilled to be a part of Brane’s mission, bringing security and assurance to the crypto financial ecosystem.”

“I was drawn to Brane by the company’s outstanding crypto custody technology solutions, backed by an exceptional team of leaders from technology, banking, and government,” said Pierce. “I’m excited to work with that team to drive client success, develop new partnerships, and build Brane into a global crypto custody powerhouse.”

For more information:

Emile Scheffel
(343) 961-3318
[email protected]

Founded in 2017, Brane Inc. is an independent, carbon neutral, Canadian crypto custody service provider helping institutional clients unlock the opportunities of blockchain and digital assets. Brane Vault, its core digital asset custody technology, is third-party certified to stringent global standards including ISO/IEC 27001, ISO/IEC 27017, and NIST CSF Tier 4, and insured against theft and crime.

Forward-Looking Statements

This press release contains forward-looking information and forward-looking statements (together, “forward-looking statements”) within the meaning of applicable securities legislation, which reflect Brane’s current expectations regarding future events, including statements relating to: the ability of Brane to become carbon neutral, the ability of Brane and other market participants to reduce greenhouse gas emissions. In some cases, but not necessarily in all cases, forward-looking statements can be identified by the use of words or phrases such as “create”, “continue to”, “expand”, “accelerate”, “enhancing”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” occur. Forward-looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond Brane’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. All forward-looking statements made in this press release are made as of the date hereof and Brane does not undertake any obligation to update such forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/97175

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety

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The anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to stir anxiety within the cryptocurrency market. This significant influx of Bitcoin, which has been tied up since the collapse of the Mt. Gox exchange in 2014, raises questions about its potential impact on market dynamics and investor sentiment.

The return of these long-dormant Bitcoin holdings may lead to increased volatility and uncertainty in the cryptocurrency market. Market participants are likely to closely monitor the movement of these funds and assess their potential impact on Bitcoin prices and overall market stability.

Additionally, the large-scale return of Bitcoin from the Mt. Gox era may trigger concerns about potential selling pressure and its effect on market liquidity. Investors may anticipate fluctuations in Bitcoin prices as these funds are reintroduced into the market and traded.

Furthermore, the return of these Bitcoin holdings highlights the ongoing legal and regulatory challenges associated with the Mt. Gox saga. The resolution of this long-standing issue could have far-reaching implications for investor confidence and the perception of security within the cryptocurrency ecosystem.

Overall, the anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to evoke anxiety among market participants and prompt heightened scrutiny of market dynamics. As the cryptocurrency market braces for this significant development, it remains to be seen how it will navigate the potential challenges and opportunities presented by the return of these funds.

Source: blockchain.news

The post Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety appeared first on HIPTHER Alerts.

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Blockchain

Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration

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Binance is currently embroiled in a legal dispute in Canada over allegations of selling cryptocurrency derivative products without proper registration. This lawsuit underscores the regulatory challenges facing the cryptocurrency exchange in various jurisdictions.

The lawsuit accuses Binance of offering crypto derivative products to Canadian investors without obtaining the necessary registration from Canadian securities regulators. This legal action highlights the importance of compliance with regulatory requirements in the cryptocurrency industry, particularly concerning the sale of derivative products.

Binance’s legal woes in Canada reflect broader concerns about regulatory compliance and investor protection within the cryptocurrency sector. As authorities worldwide increase scrutiny of cryptocurrency exchanges and trading platforms, companies like Binance face mounting legal and regulatory challenges.

The outcome of this lawsuit could have significant implications for Binance and the broader cryptocurrency industry in Canada. Depending on the court’s ruling, it could lead to increased regulatory oversight and stricter enforcement measures for cryptocurrency exchanges operating in the country.

In response to the lawsuit, Binance has stated that it is committed to compliance with all applicable laws and regulations in the jurisdictions where it operates. However, the outcome of this legal dispute will likely shape the regulatory landscape for cryptocurrency exchanges in Canada and influence their future operations and compliance efforts.

Source: blockchain.news

The post Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration appeared first on HIPTHER Alerts.

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Blockchain

Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development

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The Cardano Foundation has announced the launch of Pragma, marking a significant milestone in open-source blockchain development. Pragma aims to revolutionize Cardano by enhancing its infrastructure through innovative open-source projects.

Pragma represents a new chapter in the evolution of Cardano, focusing on improving its underlying infrastructure and expanding its capabilities. The initiative underscores the Cardano Foundation’s commitment to fostering innovation and driving progress within the blockchain ecosystem.

By leveraging open-source projects, Pragma seeks to enhance Cardano’s functionality and scalability, paving the way for broader adoption and increased utility. These efforts are expected to unlock new opportunities for developers and users alike, further cementing Cardano’s position as a leading blockchain platform.

Pragma’s launch highlights the ongoing evolution of Cardano and its commitment to pushing the boundaries of blockchain technology. Through collaborative open-source development, Pragma aims to address key challenges and drive continuous improvement within the Cardano ecosystem.

The Cardano Foundation’s announcement of Pragma signals a significant step forward in its mission to build a decentralized and sustainable blockchain infrastructure. With Pragma, Cardano is poised to embark on a new era of innovation and growth, setting the stage for a future of unprecedented possibilities in blockchain development.

Source: cryptonews.com

The post Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development appeared first on HIPTHER Alerts.

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